TikTok’s Fate Coming to a Head

TikTok’s Fate Coming to a Head
Spread the love

This weekend could be pivotal for TikTok and its partners, who are working to avert a looming U.S. ban on downloads of the popular video-sharing app and see through a deal that meets the approval of the American and Chinese governments.

A week after that preliminary deal was struck, it is still hard to predict what happens next. TikTok and other participants are continuing to fine-tune the agreement, in which it would partner with

Oracle Corp.

and

Walmart Inc.


WMT 0.42%

to become a U.S.-based company with its data secured by Oracle. TikTok also is working in the U.S. courts to win an emergency order blocking a Commerce Department ban on app downloads—which, if the company fails, would take effect Sunday…



Original Author

Please follow and like us:
editor

editor

Live Updates COVID-19 CASES
RSS
Follow by Email